Blade maker Supermax goes into bankruptcyThe operational creditor had approached the tribunal in September last year after Supermax Personal Care defaulted on its dues of ₹1.97 cro...
Relief for Actis: Delhi HC stays investigation till further ordersThe High Court has also stayed the “operation” of the order of a lower Court which had ordered registration of FIR in the case.
Actis case: Accused move Delhi HC seeking quashing of FIRA co-accused - Supermax Personal Care Pvt Ltd. (SPCPL), an SM Group company - in its petition has said that the order passed “reflects non ...
British equity firm "Actis" & 12 others booked by EOW on charges of cheating & conspiracyThe FIR has been registered a day after a local Court directed the EOW to register an FIR against the British company and its associates.
British equity firm Actis in hot water. Court directs Delhi Police to register FIRThe complainant, Subhash Chaudhuri, moved the court alleging that Actis conspired to gain control over the finances, ownership and manageme...
The gloves kingdom has been minting new billionairesTop Glove has more than tripled this year, lifting the net worth of its founder to $2.5 billion.
Court rejects Actis plea against call by Super-Max founderSuper-Max on February 8, 2018 moved a requisition to convene an extraordinary general meeting to ratify appointment of the four new directo...
Actis may sell holding in Super-MaxFounder-fund spat may halve value of British private equity firm’s 8-year-old investment.
With meter-card set, Bescom hopes to plug revenue leaksBescom, is set to roll out prepaid meters for electricity consumption in the city to plug leaks in revenues and cut costs incurred on physi...
- Super-Max to invest Rs 1000 crore for expansion
Super-Max has lined up Rs 1000 crore for expansion. The plan includes setting up a 500 million-unit greenfield plant in Brazil
- HPL gets relief on loan repayment
After reviewing the financial performance of Haldia Petrochemicals (HPL), the corporate debt-restructuring (CDR) cell, led by IDBI has allo...
- Blade maker SuperMax to ramp up India operations; launch new products
World's top razor blade maker SuperMax has chalked out an elaborate plan to expand its India operations and is in the process of introducin...
- Strike at Haldia Petrochemicals ends
The four-day stalemate ended late Tuesday evening after Citu agreed to withdraw its indefinite strike call following assurances from the HP...
- HPL asks banks again for Rs 850-cr loan
Haldia Petrochemicals Ltd (HPL) has approached leading banks in the country, including SBI, Punjab National Bank and United Bank of India (...
- Lenders force audit of Haldia Petro expansion
The Rs 5,170-crore HPL has been forced by lenders, led by IDBI, to appoint an independent consultant, Mott MacDonald, to carry out a techno...
- Cos drive cautiously in slow lane
Haldia Petrochemicals (HPL) is finally feeling the effect of the global meltdown.
- HPL to undertake feasibility plan for expansion
Haldia Petrochemicals Ltd (HPL), on the verge of implementing the 'Supermax' project by increasing naphtha cracking capacity, has been auth...